Chongqing Water Group Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 08:24 am EDT
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Chongqing Water Group Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,617.55 million compared to CNY 1,459.17 million a year ago. Revenue was CNY 1,617.55 million compared to CNY 1,459.17 million a year ago. Net income was CNY 386.45 million compared to CNY 568.59 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.12 a year ago. Diluted earnings per share from continuing operations was CNY 0.08 compared to CNY 0.12 a year ago.
Chongqing Water Group Co., Ltd. is a China-based company, principally engaged in the investment, operation, construction and management of urban water supply and drainage projects. The Company also engages in the management of urban water supply and drainage system devices, as well as design of water supply and drainage engineering, and provision of technology consulting services. The Company operates its businesses through sewage treatment business, the distribution of tap water, engineering construction, as well as other businesses. The Company operates its businesses primarily in Chongqing, China.